Play the market like a casino; Samir Arora on how to beat it in investment game - Economic Times

“We put down 15 bets of 2 per cent to 3 per cent each with reasonable confidence in high returns. These are the stocks for which you do with as much detail as you would do for a 5-6-7% position which is normally a big position for us; but you are confused.”

In one bet, even with slightly worse odds, the individual has better chance to win but one cannot win if one play different game multiple times. We want to play the game multiple times over the years… [+4760 chars]

full article...